Coles Creek Property
Executive Summary
Executive Summary (overview)
- One-paragraph overview tied to the latest reported drilling results date.
- Estimated probability of advancing to a formal resource.
- Typical ranges for grade, tonnage, mine life, and method mix.
- Cost structure summary and where the project ranks vs peers.
Regional Gold Potential
Coles Creek is located in Canada, North America. The surrounding region has historically demonstrated a high potential for gold endowment and is very proximal to other gold properties. Physical setting (high elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under thin lithosphere with thin sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average low grade, very long, and very deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2011-11-25 | 0.65 g/t Gold Equivalent over 7.2 m from 251.5 m | Moderate Grade | Very Thick | Deep |
| 2011-11-25 | 0.68 g/t Gold Equivalent over 85.6 m from 432.0 m | Moderate Grade | Very Thick | Deep |
| 2011-11-25 | 0.32 g/t Gold Equivalent over 242.0 m from 238.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-11-25 | 2.43 g/t Gold Equivalent over 2.6 m from 471.5 m | High Grade | Thick | Very Deep |
| 2011-11-25 | 3.42 g/t Gold Equivalent over 7.5 m from 458.0 m | High Grade | Very Thick | Deep |
| 2011-11-25 | 1.33 g/t Gold Equivalent over 52.2 m from 421.5 m | High Grade | Very Thick | Deep |
| 2011-11-25 | 1.96 g/t Gold Equivalent over 13.0 m from 414.0 m | High Grade | Very Thick | Deep |
| 2011-11-25 | 0.80 g/t Gold Equivalent over 120.1 m from 354.0 m | Moderate Grade | Very Thick | Deep |
| 2011-11-25 | 0.49 g/t Gold Equivalent over 412.1 m from 62.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-11-25 | 0.31 g/t Gold Equivalent over 31.6 m from 88.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-11-25 | 0.22 g/t Gold Equivalent over 77.6 m from 42.0 m | Moderate Grade | Very Thick | Shallow |
| 2011-11-25 | 0.37 g/t Gold Equivalent over 108.0 m from 35.0 m | Moderate Grade | Very Thick | Shallow |
| 2011-11-25 | 0.30 g/t Gold Equivalent over 253.0 m from 27.0 m | Moderate Grade | Very Thick | Shallow |
| 2011-11-25 | 3.00 g/t Gold Equivalent over 11.7 m from 122.3 m | High Grade | Very Thick | Moderate Depth |
| 2011-11-25 | 1.68 g/t Gold Equivalent over 28.0 m from 115.0 m | High Grade | Very Thick | Moderate Depth |
Resource Potential
Resource Potential (overview)
- Probability estimate of advancing to a formal resource.
- Typical ranges for grade and tonnage with p50 markers.
- Side-by-side histograms vs. a global reference dataset.
- Plain-English guidance on how to interpret uncertainty.
Economic Potential
Economic Potential
- Distribution of NPV across 1,000 discounted cash-flow simulations.
- Expected NPV value with context vs. drill-stage peers.
- Discussion of spread, skew, and scenario tails (upside/downside).
- Explicit assumptions shown for discount rate and commodity price.
Assumption Distributions
Assumption Distributions
- Reserve conversion and mine life distributions.
- Recovery, processing costs, and waste:ore ratio ranges.
- Capex/offsite opex, average production rate, and other drivers.